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Quixant swings to profit; says component shortages remain a challange | 22 September 2021

Quixant swings to profit; says component shortages remain a challange | 22 September 2021
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Investegate |Quixant PLC Announcements | Quixant PLC: Result of AGM


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About Quixant
Quixant, founded in 2005, designs and manufactures highly optimised computing solutions and monitors principally for the global gaming and broadcast industries. The Company is headquartered in Cambridge in the UK, with offices throughout Europe, North America and Asia.  Quixant has its own manufacturing and engineering operation based in Taiwan and software engineering and customer support teams based in Italy and Slovenia. All the specialised products software and manufacturing are produced in-house and Quixant owns all its own IP some of which is protected by patents and design rights.
In November 2015 Quixant acquired Densitron Technologies plc. Densitron has a strong heritage in the sale of electronic display solutions to global industrial markets. Through Densitron s experienced sales team, Quixant has a robust platform to build its business into wider industrial markets. In-depth information on the ....

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Quixant declares dividend even after swinging to loss | 14 April 2021


14 April 2021 | 07:42am
StockMarketWire.com - Gambling and broadcasting technology group Quixant swung to a full-year loss after the pandemic hurt the casino sector.
Pre-tax losses for the year through December amounted to $2.0 million, compared to a year-on-year profit of $9.4 million. Revenue droppped 31% to $63.8 million.
Adjusted pre-tax profit tumbled to $1.3 million, down from $10.7 million.
Quixant declared a full-year dividend of 2p per share, citing confidence in its prospects.
Considering that our key global gaming market was so materially impacted in 2020 due to the pandemic, I believe that to report an adjusted profit before tax and an improvement in our net cash position from 2019 is a remarkable achievement, chief executive Jon Jayal said. ....

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